Hello traders. In this video I discuss the S&P 500 tracking etf (SPY) and what I think we might see going forward. I also take a minute to look at one of my most profitable trades (so far) in CMG. The last bit of the video I revisit PLCE and my mistake; I dodged a bullet, but it was lucky and I should have felt the pain instead. This may seem counterintuitive, but I cannot let my brain associate good outcomes (or escaping bad outcomes) with poorly executed deviations from my strategy.
Thanks for being a part of Swing-High.com! Always trade with a stop loss and manage your risk appropriately. Also check out the Smeal Technical Analysts at PSU-STA.com.
Happy Trading,
Jason
Disclosure: CMG